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Vishal Retail

Vishal Retail back in game; launches its first hypermarket

After establishing itself in North India, Vishal Group is spreading its wings to western part of the country. Vishal Group is now all set to launch their first hypermarket and shopping mega mall spread over 9,200 sq.ft in Nava...

Vishal Retail to repay debt via CDR route

Reeling under a huge debt of around Rs 730 crore, Vishal Retail has approached its lenders to undertake a debt restructuring process to revive the company. The company’s lenders are expected to undertake the corporate debt restructuring (CDR) process soon...

Gross Margin: How reflective is it?

It is being said that it might be easy to turn cash into inventory but the main challenge is to turn the inventory back into more cash. According to researchers and analysts, many retailers fail to make more money...

Gross Margin: How reflective is it?

It is being said that it might be easy to turn cash into inventory but the main challenge is to turn the inventory back into more cash. According to researchers and analysts, many retailers fail to make more money...

Union Budget 2009-10 to boost rural consumption

In his Union Budget presentation earlier this month, India’s Union Finance Minister (FM) Pranab Mukherjee underscored the urgency of reviving growth, by identifying that the country’s immediate economic challenge is to return to nine per cent GDP growth, failure...

Vishal Retail to shut 10 loss-making stores

Faced with Rs 115 crore loss, Vishal Retail will shut down as many as 10 of its outlets across the country over the next few months to reduce cost. The company is also in the process of re-negotiating part of...

Vishal Retail reports Rs 114.73-cr loss

Delhi-based value retailer Vishal Retail, in its consolidated result for the quarter ended March 31, 2009, has reported a loss of Rs 114.73 crore as against a profit of Rs 10.4 crore for the corresponding period last year. The...

“Western models cannot succeed in India…”

He is no more in the army of Vishal Retail. However, he continues to claim the venture as his brainchild. He says he entered the arena at the age of 10 when his father, owner...

Survival of the fittest

By how much has the consumer’s pocket been impacted by the economic crisis? This is a question that has been troubling consumer goods manufacturers and retailers over the past few months. Thoughts on how to emerge from the crisis...

Decoding consumer behaviour

As the Verdict 2009 brings India back to sanity, extinguishing the hate politics and evaporating the caste talk into thin air, the talk shows in which psephologists and journalists would pour out caste figures and percentages where all like...
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